Town Centre Securities (LON:TOWN) Reaches New 1-Year Low – Should You Sell?

Town Centre Securities Plc (LON:TOWN)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 113 ($1.39) and last traded at GBX 120 ($1.48), with a volume of 22767 shares. The stock had previously closed at GBX 126 ($1.55).

Town Centre Securities Price Performance

The firm has a 50-day simple moving average of GBX 128.83 and a two-hundred day simple moving average of GBX 135.46. The company has a market capitalization of £51.96 million, a price-to-earnings ratio of -205.56 and a beta of 1.11. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 130.44.

Insider Buying and Selling at Town Centre Securities

In other news, insider Michael Ziff sold 15,300 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 130 ($1.60), for a total transaction of £19,890 ($24,522.25). 56.94% of the stock is owned by corporate insiders.

Town Centre Securities Company Profile

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.